Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP) Stock Short Interest Falls 60.5%

Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP) was the recipient of a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 654 shares, a decline of 60.5% from the September 30th total of 1,656 shares. Based on an average trading volume of 3,135 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company’s shares are short sold.

Institutional Trading of Xtrackers High Beta High Yield Bond ETF

A hedge fund recently raised its stake in Xtrackers High Beta High Yield Bond ETF stock. Sound Income Strategies LLC boosted its stake in Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP) by 22.7% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 169,166 shares of the company’s stock after purchasing an additional 31,312 shares during the quarter. Sound Income Strategies LLC owned about 16.11% of Xtrackers High Beta High Yield Bond ETF worth $7,003,000 at the end of the most recent reporting period.

Xtrackers High Beta High Yield Bond ETF Price Performance

Shares of HYUP opened at $39.62 on Thursday. Xtrackers High Beta High Yield Bond ETF has a one year low of $39.01 and a one year high of $42.61. The stock’s fifty day moving average is $40.29 and its 200-day moving average is $41.42.

Xtrackers High Beta High Yield Bond ETF Company Profile

The Xtrackers High Beta High Yield Bond ETF (HYUP) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks an index of USD-denominated high yield bonds with a high yield to worst. HYUP was launched on Jan 11, 2018 and is managed by Xtrackers.